Extortion!!

No, I think it's gangsterism.

Actually, the government paid $8.9B for the shares, so not nothing.

Actually, one might call it National Socialism.

Nah this is straight up communism.

No, it’s worse. It’s technically expropriation. When the govt takes a private interest and makes no payments. It’s what happened to US based corp sugar interests in Cuba in the 1950s and copper in Chile in the 1970s. Straight up theft. In this case looks like extortion. Space X or Starlink next? Hmm

Hahaha of course as soon as I make the switch to intel...

This is absolutely not socialism

Yes it is.

State capitalism actually.

Looks more like fascism to me.

For those arguing-

The goal wasn’t exactly to “promote equitable distribution”

Actually, more like communism, at least how it has been practiced.

What the sh@‘l

Mafia style protection racket

In case you’re wondering, no it isn’t. We already have a word for when a government imbeds itself in private and public companies: it’s called fascism. Hope this helps!

Noooooooooooooooo 🤯

For this to be socialism, that money would be used for services that benefit the US population. To improve infrastructure, hospital, schools, for free education and free health for all. None of that money will be used to help every day Americans.

🇺🇲🇺🇦🇺🇲🏳️‍⚧️🇺🇲🏳️‍🌈🇺🇲

i think someone competent needs to check the paperwork to determine the details about exactly who benefits monetarily from this deal.

"Strongly gold-plated chips on the way in two weeks"

Extortion.

I thought socialism is bad?

📌

What does Intel allegedly get out of the alleged deal?

Resembles more like communist moves than any modern day socialism

Paid nothing for it. So the govt. just up and stealing parts of US private sector businesses now?

Narrator: Yes.

Gotta be a quid pro quo in there…. What has Trump promised Intel??

Promised to not attack them and shut them down through lawsuits and malicious prosecutions?

Does Trump own the shares?

You mean you own 10% of intel.

State capitalism not socialism. No mention of a working class, self-dealing by the ‘power elite’ to use an old term

The government should not own any part of any businesses. Although D thinks HE Actually owns it.

it's not socialisn - it is fascism.

It's not really socialism. It's like... Partial nationalization. While nationalization is more aligned with socialist ideas (government = the people and people own the means of production) it's not an exclusive feature of socialism. Nationalization exists under capitalist economic organization

They need a shareholder lawsuit for diluting their shares in exchange for nothing.

Actually this is state capitalism.

He believes he owns America and he used our money to buy a slice of Intel. Reminder-it has only been seven months. It only takes months to destroy institutions but it takes decades to rebuild them.

National socialist?

Yes! Socialism is when the government owns the means of production of goods. Trump is a socialist at heart.

😳 it sure is.

Much closer to Communism. State ownership of means of production.

Communism is a stateless, socialist society.

Isn't that what the Communist Chinese Government does? I've read some people call it "State Capitalism."

State owns means of production= communism

It's total ownership under communism. This case is partial. China has embraced it, and it's working well for them.

Ok. Let's call it creeping communism... Reversing Chinas trajectory over last 1/2 century

Communism

Not socialism. Mafia.

Honestly, which one of his loathsome writers thinks "Thank you for your attention..." is a "normal" way to close these missives?

“The United States paid nothing for these Shares”. How can I get such a deal? Where did these shares come from and what impact do these shares have on those who may have bought shares (aka “invested”) on the open market? Will other companies be forced to use Intel chips?

Seems like fascism to me.

No, it's communism. There's a difference.

Who controls “the means of production”?

This admin is a low budget mafia… run of the mill gangsters. Absolute lowest of the life forms. They exploit vulnerability while they should be helping the vulnerable.

Folks, stay tuned for the Pentium Gold edition.

Except socialism is for the greater good. Tramp is doing this to enrich himself, not help the masses. So it seems to me more like extortion.

It's also a grift. I assume those shares the "US" "bought" belong to Trump Inc.

They bought stock in a corporation with our tax dollars??

No it's not. It's authoritarianism. If a wannabe autocrat takes everything you don't call it socialism lol

If that's socialist then tsarist Russia was socialist 😂😂😂😂

More communism than socialism. The main difference is that under communism, most property and economic resources are owned and controlled by the state (rather than individual citizens); under socialism, all citizens share equally in economic resources.

Just a lot a bit!

It is not socialism; it's State capitalism = fascism.

No it’s actually communism when the state controls the means of production

Exactly right. Stalinism to be more precise

Mao Tse Don

looks more like maoism

National Socialism, no less.

I still think it's more like gangsterism - as in 'nice company you've got here. It would be a shame if something happened to it.'

Nope. It's State-Owned Enterprise.

As described here by him, yes, Socialism indeed. But in practice, you just know he's probably keep this (supposed) money, so it's just straight up, run-of-the-mill Graft.

Nice little corporation you got there, hate for anything to happen to it.

This is not socialism. This is authoritarianism. One is about economic systems, the other is about power. This is the boogieman you were all afraid would come if we did radical “socialist” things like provide healthcare or claw back the marginal tax rate.

Libs like OP misusing words like socialism have meaningfully contributed to those words becoming little more than jargon.

Damn right, it is. Betting when he says the US government owns, he means, Donald J Trump owns.

Actually, it’s Fascism. The combining of Autocratic government with Corporations is a signature of Fascism.

Intel? The chips in our electronics? TikTok? Meta?